Property
Filinvest Development raises P8B from preferred shares offer
Filinvest Development Corp. raised P8.0 billion through its maiden preferred shares offering, with strong investor demand allowing the diversified holding company of the Gotianun Group to exercise the oversubscription option.
Megaworld targets 9,000 hotel rooms by 2030
Megaworld Corp. is aiming to grow its hotel room inventory to 9,000 keys by 2030, up from the current 6,000, as part of a broader strategy to boost the country's tourism, conventions, and events sectors. The expansion aligns with parent firm Alliance Global Group Inc. 's (AGI) thrust to consolidate and strengthen its hospitality assets.
Filinvest REIT declares dividends, expands mall portfolio
Filinvest REIT Corp. (FILRT) declared a cash dividend of P0.062 per common share, raising the total year-to-date dividends to P0.186 per share, representing an annualized yield of 7.1 percent based on the August 5 closing price.
Metro Manila office market sustains growth — Colliers
Metro Manila’s office market continued its recovery in the first half of 2025, with total transactions reaching 446,100 square meters—up 7 percent year-on-year and 33 percent higher than the second half of 2024.
Office demand rises in Metro Manila, yet vacancies stay high
Office leasing activity in Metro Manila improved sharply in the first half of 2025, but continued to face persistent space give-backs from business process outsourcing (BPO) firms and corporate occupiers, according to property consultancy JLL Philippines.
